Crown Global Group (00727) resumed trading after a lapse of nearly a year. At one point, it soared more than 200% in early trading. As of press release, it had risen 114.29% to HK$0.09, with a turnover of HK$11.108 million.
The Zhitong Finance App learned that Crown Global Group (00727) resumed trading after a lapse of nearly a year and soared more than 200% in early trading. As of press release, it had risen 114.29% to HK$0.09, with a turnover of HK$11.11,800.
According to the news, Crown Global Group previously delayed publishing its 2023 annual results. Since the suspension of trading on July 3, 2023, the company recently announced that it has complied with the requirements under the resumption guidelines and applied to the Stock Exchange to resume trading at 9:00 a.m. on May 10, 2024. According to the company's recently issued financial report, the company's interim results for the six months ended September 30, 2023, did not generate revenue during the period. The net loss was HK$79.539 million, a year-on-year decrease of 80.28%; the loss per share was 1.58 HK cents.